FJD Market Update
28 Mar 2026 • 01:20 GMT
The Fijian dollar (FJD) has recently traded near 60-day lows against the US dollar, with the exchange rate around 0.4441. This is about 1% below its 3-month average of 0.4487. The currency has been relatively stable within a narrow trading range, between 0.4379 and 0.4575.
This weaker position against the USD comes amid broader market movements where the US dollar has gained strength due to increased risk aversion and concerns over global economic growth. As investors seek safety, the USD tends to outperform other currencies, including the FJD.
While the FJD remains moderately volatile against the USD, recent developments suggest it could see further downside if risk appetite remains cautious. Meanwhile, the FJD has held steady against currencies like the AUD and CHF, trading close to its average levels.
Overall, watch for any shifts in global risk sentiment or local economic news, such as Fiji's upcoming events and policy updates, which could influence the FJD's direction in the near term.